China Tech ETFs and the Google Drama

Michael Johnston submits:By Jared CummansThe saga of Google (GOOG) in China took another turn today, as the search engine giant announced it had adapted its business plan to meet Beijing’s demands. For the past three months Google has been redirecting Chinese users to the company’s Hong Kong search engine, which is uncensored. The Chinese government lost patience with the automatic redirect, and threatened Google with a revocation of the company’s license in China due to the lack of censorship. To meet the strict demands of the government, Google has proposed to end the redirect of its website, and simply leaves users with the option to click a link to the non-censored website rather than taking them straight there.Complete Story »

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Michael Johnston submits:Google (GOOG), the California-based search engine giant, made good on its promise to stop censoring results in China on Monday evening, upping the stakes in its showdown with the Chinese government.

Now that Facebook Inc. (FB) has sorted its advertisement business out, it seems to be expanding by developing its offerings for as yet untapped markets. According to recent reports, the social media giant is planning on opening an office in China, even though its own services are banned in the country. The social media giant is in talks to lease office space in the Fortune Financial Center in Beijing, sources familiar with the matter say.

ETF Database submits: Google (GOOG) set off a frenzy on internet message boards and in the human rights community earlier this week when the search engine giant announced in a blog post that it had been the target of a “highly sophisticated and targeted attack on our corporate infrastructure originating from China” that was apparently carried out with t

Users of Google in China will have to click on a link that takes them to the Hong Kong site. The move comes as a concession to the Chinese government, which had threatened to revoke Google's license.
In a bid to maintain its presence in mainland China, Google Inc.